This week, our research team tracked more than 60 tech funding deals worth over €600 million, as well as some 10 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey. Meanwhile, here’s an overview of the 10 biggest European tech news items for this week:
1) Spanish bank Banco Santander is acquiring just over 50 percent of UK-based fintech startup Ebury, which gives small and medium-size companies the ability to trade internationally, for £350 million ($453 million).
2) Acton Capital, the Munich-based growth VC, has announced the final closing of its new Acton Fund V at $215 million. Investments from the new fund will follow the firm’s typical geographical spread: 75 percent in Germany and Europe, 25 percent in North America.
3) Immo Investment Technologies, a London-based fintech startup that purchase homes on behalf of buy-to-let investors, has closed €11 million in Series A funding. Backing the round is Talis Capital and HV Holtzbrinck Ventures, among others. In addition, the company said it raised more than €60 million in real estate “buyer capital.”
4) Tallinn-based Change Ventures has announced a second fund of over €30 million, which will funnel into the Baltic startup ecosystem. The firm also announced a leading pre-seed investment in Qoorio, a new venture by Justas Janauska, the Lithuanian co-founder and former CEO of Vinted.
5) Riskified, an Israeli payments and fraud-prevention solutions provider, has raised $165 million in Series E funding at a valuation of more than $1 billion. The round was led by General Atlantic.
6) HubSpot, the global growth platform, has acquired Belgian startup PieSync, a fast-growing Integration Platform as a Service (iPaaS) that synchronizes both current and historical customer data, pulling from other apps and technologies in real time.
7) eToro, which operates an international platform for trading in investments in shares and digital currencies, announced the acquisition of Belgian startup Delta for an undisclosed sum. Sources in the sector estimated the deal at $5 million.
8) Markus Villig, the Estonian CEO and co-founder of Uber-rival Bolt, on Tuesday said that he has spoken with SoftBank about a new round of funding.
9) Immersive Labs, the UK provider of a cyber skills training platform, has raised $40 million from Summit Partners and existing investor Goldman Sachs to accelerate expansion in North America.
10) Glovo, the fast-growing delivery company, has announced big moves in the Polish market: buying the local food delivery platform Pizza Portal and opening its second technology and engineering hub in Warsaw.
Podcast: Tech.eu Podcast #141: What’s going on at UiPath, who is verifying your ID online, the OECD “digital tax” proposal, interview with Rockstart’s Mark Durno
Bonus link: Blooming Late: The rise of late-stage funding for European tech scale-ups (a free Tech.eu report)